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with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth. something unpleasant but -- and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is all about intertemporal recycling. b
, they are rooted in scientific discovery and technological innovation. there has to be a greater appreciation for the role of science and technology in society. we have to get young women engaged early. we found that if young women are engaged in experiments to work, if they are part of the team, it makes a big difference. we try to create an intergene rational mentoring system. when young women come through the ranks through the promotion and tenure process, we have to ensure fairness of the system. it is a complex problem. that is why it is hard for people to talk about it. >> why is it important that there are more women? >> it is important that there be more science. we are about to face what i call the quiet crisis. you have a number of scientists in this country who came of age when i did. they are beginning to retire. those retirements are going to accelerate over the next few years. the second hidden variable is that we depend strongly on immigrants. we have always been a nation of immigrants. i do not think people appreciate how much of our science and engineering work force is made
, then distribution, then production. in conjunction with the great improvements in technology that unleashed the powers of capitalism, and capitalism manage to produce immense wealth, and at the same time produce poverty that had never been known before. the debt is to capitalism what hell is to christianity. unpleasant, but absolutely necessary for it to work. in a sense, capitalism is about ecological economics, even though capitalists don't want to hear this. it is about recycling. we had heard of the term by the 1970's, especially about the green movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is a
ruining the season as kids get more accustomed to technology? >> microsoft windows 8 gets more bad press today, as "the new york times" said it is not leading to a boost in pc sales. is there anything that can turn that lagging sector around? futures moving lower, as concerns about the fiscal cliff talks weigh on the market. talks about progress toward a deal sent the down lower by almost 521 points on friday. s&p up almost 14% on the year. it's interesting, this year we've had so many unnatural phenomenon taking place, whether it's the effects of the fed's monetary policy, year end, fiscal cliff tax related issues. the motivations are a little bit different this time around than they were last year. >> yeah. it's not as pressing, some would argue. some were actually saying on friday, maybe it would have been better if the markets had a sharper sell-off because that could have forced the lawmakers to do something as opposed to leave for obama to have a hastily called friday evening press conference saying, you know what, congress, you have ten days, you go work it out. it's doable. >> it
of changing -- changing technology. but let me make two more points about young people. let me tell you two stories about poland. we were in poland i think eight years ago in september i was going to visit the supreme courts in poland. and when you go to european countries you have to go to three supreme courts often, the constitution court, the administrative court, and a court of general jurisdiction. you go to three dinners and bring three gifts. [laughter] >> but there are fine judges and fine courts. at first i was teaching in krakow for a few days and then went to warsaw and i ranged to meet with the faculty at the university of warsaw and they explained the students wouldn't be there. it's the third week in september. i don't think they were coming until the first week in october. but the fact we were going to be there, arranged for me to meet with the faculty, and we did. midway through the meeting, though, there are some notes being passed and they said oh, justice kennedy, we didn't realize our answering law students are here for an orientation day and would like you to talk with
of -- stems? raise your hand. stands for science, technology, engineering and math, and these are the jobs which are going to be around in the future. actual he the key jobs of the new jersey economy and we should all go to our local councils, our partner organizations, and we're trying to incorporate the significance of stem within schools and colleges around the city, and i challenge every single youth parliament member here today to go away to your cities and councils and partner organizations and try to encourage them to incorporate the significance of stem program within your schools and colleges and come back next year and share with us what you found. these are the jobs of the knowledge economy. >> now, i'm looking for a london woman. a london woman who has not spoken before. have you spoken before? you did. i think it wouldn't be fair to others. i thought you had spoken earlier. this woman is going to fall off her seat and i want to see that. that would be a sadness. >> i'm -- thank you, mr. speaker. thank you. [applause] >> anybody here who knows today that i was desperate to pike
Search Results 0 to 5 of about 6

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